SAN FRANCISCO–(BUSINESS WIRE)–Celo, the carbon-negative, mobile-first, tier-1 platform is now available with Brave, a crypto industry leader with 59+ million browser users and built-in Brave Wallets to enable greater global financial inclusion and access to Web3 tools.
In line with Celo’s mission to create conditions for prosperity for all, the integration of Celo on Brave following its v1.40 release allows users to engage with Mento’s stable assets (including cUSD, cEUR, cREAL) through self-custodial Brave Wallets, as well as with Celo’s diverse ecosystem of purpose-driven, decentralized applications (dapps) accessible through Brave Browser, such as Ubeswap, Moola, impactMarket or Cyberbox.
Celo Foundation president and Celo co-founder Rene Reinsberg says, “We are excited to welcome Brave to the Celo ecosystem. With its global user base and seamless experience for using dapps directly from the Brave browser and signing transactions with it integrated Brave wallet, people everywhere can more easily participate in the new Web3 digital economy.”
The partnership advances Celo’s core value of bringing Web3 to all mobile devices, such as a consensus protocol and light client that uses cutting-edge cryptography techniques (zk-SNARKS) to help users sync with the P2P network with just a few kilobytes of data, map encrypted phone numbers to wallet addresses, or access Celo’s ecosystem of dapps via low-power smartphone devices; it also supports the growth of Celo as the “home of ReFi” (regenerative finance) and an expanding community of mission-driven founders and builders.
About Celo
Celo is a carbon-negative, permissionless, layer-1 protocol with a rich ecosystem of global partners building innovative Web3 applications within the DeFi, ReFi and NFT sectors on Celo. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized proof-of-stake blockchain technology stack (the Celo protocol), CELO’s native token, and several Mento stable assets (cUSD, cEUR, cREAL) that enable anyone to use digital assets as currency. Launched on Earth Day 2020, the open source Celo mainnet now supports 1000+ projects created by developers and artists around the world.
About Brave
Brave Software’s fast, privacy-focused browser, combined with its blockchain-based digital advertising platform, is reinventing the web for users, publishers and advertisers. Users get a private, faster online experience with much longer battery life, publishers increase their revenue share, and advertisers get better conversions. Users can choose to use privacy-friendly ads, which reward them with the Basic Attention Token (BAT), a frequent flyer-like token they can redeem or use to tip or contribute to publishers and other content creators. The Brave solution is a win-win for anyone who has a stake in the open web and is tired of giving up privacy and revenue to ad-tech intermediaries. Brave currently has 60 million monthly active users and over 1.5 million verified publishers. Brave Software was co-founded by Brendan Eich, creator of JavaScript and co-founder of Mozilla (Firefox), and Brian Bondy, formerly of Khan Academy and Mozilla.